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Commercial Property for sale

Old Grammar School House, Castle Gates, Shrewsbury, SY1

Removed £375,000
3,520 sq. ft.

Property Description

Key features

  • VAT The property is elected for VAT purposes. It is anticipated that the investment will be treated as a Transfer of a Going Concern(TOGC).
  • PROPOSAL We are instructed to seek offers in excess of 375,000 (Three Hundred and Seventy Five Thousand Pounds) for our clients freehold interest , subject to contract and exclusive of VAT which ref

Full description

Tenure: Freehold

Town Centre Office Investment located adjacent to Shrewsbury Library
Attractive Grade II Listed property
Total Net Internal Floor Area 3,520ft sq (326.98m sq) -
(Excluding lower ground floor) arranged over three floors
Multi-let offices, with leases expiring within 3 to 6 years and all leases are excluded from the Landlord and Tenant Act
Potential for future alternative uses, subject to statutory
Active Asset Management opportunity to increase the current running yield
An internal inspection is recommended in order to fully
appreciated the quality and character of the property.

More information from this agent

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